Categories: Investment.
Property status:
Sale Agreed
Back to all properties

Downloads

  • Overview

    • Key Points

      • Extending to approx. 1,400.8 sq m (15,080 sq ft) GIA
      • Includes two no. three bedroom mews properties to the rear
      • Passing rent of €358,300 per annum from 9 commercial and residential tenants
      • 100% occupancy with significant reversionary potential
      • Offers sought in excess of €5,150,000
      • Reflecting a Net Initial Yield of 6.41% after the deduction of standard acquisition costs of 8.46%
  • Details

    • Location

      38 – 39 Leeson Street Lower is located approx. 0.2 km south of St. Stephens Green and approx. 150 m north of Leeson Street Bridge. The area is an established Georgian location.

    • Investment Opportunity

      This property presents a rare opportunity to acquire a substantial reversionary Georgian investment in the heart of Dublin 2 with undoubted potential to increase the future rent roll though rent reviews and asset management.

  • Financials

    • Current Passing Rent

      €358,300 per annum
  • Contact

Divider